| Schedule of information for each of the reportable segments profit or loss as well as segment assets for each year |
Optex
Systems Holdings, Inc. does not allocate interest expense, income taxes, stock compensation associated with restricted stock units,
or unusual items to segments.
| |
|
Reportable
Segment Financial Information
(thousands) |
| |
|
Twelve
months ending October 1, 2017 |
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas |
|
|
Other
(non allocated costs and intersegment eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues
from external customers |
|
$ |
11,256 |
|
|
$ |
7,291 |
|
|
$ |
— |
|
|
$ |
18,547 |
|
| Intersegment
revenues |
|
|
— |
|
|
|
1,694 |
|
|
|
(1,694 |
) |
|
|
— |
|
| Total Revenue |
|
$ |
11,256 |
|
|
$ |
8,985 |
|
|
$ |
(1,694 |
) |
|
$ |
18,547 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
19 |
|
|
$ |
19 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
56 |
|
|
$ |
281 |
|
|
$ |
— |
|
|
$ |
337 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) before
taxes |
|
$ |
338 |
|
|
$ |
46 |
|
|
$ |
(688 |
) |
|
$ |
(304 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash
items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated
home office expense |
|
$ |
(776 |
) |
|
$ |
776 |
|
|
$ |
— |
|
|
$ |
— |
|
| Loss
on change in fair value of warrants |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
489 |
|
|
$ |
489 |
|
| Stock
compensation expense (1) |
|
$ |
40 |
|
|
$ |
— |
|
|
$ |
180 |
|
|
$ |
220 |
|
| Royalty
expense amortization |
|
$ |
30 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
30 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
8,663 |
|
|
$ |
5,364 |
|
|
$ |
— |
|
|
$ |
14,027 |
|
| Expenditures for segment
assets |
|
$ |
(23 |
) |
|
$ |
(126 |
) |
|
$ |
— |
|
|
$ |
(149 |
) |
| (1) General and administrative
expenses for the twelve months ending October 1, 2017 of $180 thousand, associated with amortized stock compensation attributeable
to executive/director restricted stock units has been restated from Optex Richardson to Other non allocated costs. Operating
income (loss) for Optex Richardson and Other non allocated has been restated to reflect the change. |
| |
|
Reportable
Segment Financial Information
(thousands) |
| |
|
Twelve
months ending October 2, 2016 |
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas |
|
|
Other
(non allocated costs and intersegment eliminations) |
|
|
Consolidated
Total
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues
from external customers |
|
$ |
11,052 |
|
|
$ |
6,227 |
|
|
$ |
— |
|
|
$ |
17,279 |
|
| Intersegment
revenues |
|
|
— |
|
|
|
1,892 |
|
|
|
(1,892 |
) |
|
|
— |
|
| Total Revenue |
|
$ |
11,052 |
|
|
$ |
8,119 |
|
|
$ |
(1,892 |
) |
|
$ |
17,279 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
36 |
|
|
$ |
36 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
73 |
|
|
$ |
272 |
|
|
$ |
— |
|
|
$ |
345 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) before
taxes(1) |
|
$ |
285 |
|
|
$ |
(345 |
) |
|
$ |
(148 |
) |
|
$ |
(208 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash
items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated
home office expense |
|
$ |
(728 |
) |
|
$ |
728 |
|
|
$ |
— |
|
|
$ |
— |
|
| (Gain)
on change in fair value of warrants |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(739 |
) |
|
$ |
(739 |
) |
| Stock
option compensation expense(1) |
|
$ |
52 |
|
|
$ |
— |
|
|
$ |
140 |
|
|
$ |
192 |
|
| Royalty
expense amortization |
|
$ |
30 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
30 |
|
| Use
of contract loss reserves |
|
$ |
— |
|
|
$ |
(54 |
) |
|
$ |
— |
|
|
$ |
(54 |
) |
| Warrants
issued for underwriter expenses |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
156 |
|
|
$ |
156 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
8,861 |
|
|
$ |
3,900 |
|
|
$ |
— |
|
|
$ |
12,761 |
|
| Expenditures for segment
assets |
|
$ |
(16 |
) |
|
$ |
(18 |
) |
|
$ |
— |
|
|
$ |
(34 |
) |
| (1) General and administrative
expenses for the twelve months ending October 2, 2016 of $140 thousand, associated with amortized stock compensation attributeable
to executive/director restricted stock units has been restated from Optex Richardson to Other non allocated costs. Operating
income (loss) for Optex Richardson and Other non allocated has been restated to reflect the change. |
|